Cambridge Cove - Fully Affordable 202 Units
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1 Lakeland, Florida 0 mi Copyright and (P) Microsoft Corporation and/or its suppliers. All rights reserved. Certain mapping and direction data 2009 NAVTEQ. All rights reserved. The Data for areas of Canada includes information taken with permission from Canadian authorities, including: Her Majesty the Queen in Right of Canada, Queen's Printer for Ontario. NAVTEQ and NAVTEQ ON BOARD are trademarks of NAVTEQ Tele Atlas North America, Inc. All rights reserved. Tele Atlas and Tele Atlas North America are trademarks of Tele Atlas, Inc by Applied Geographic Systems. All rights reserved.
2 Page 1 of 4 Cambridge Cove - Fully Affordable 202 Units 1700 Cambridge Cove Pass Lakeland, FL (863) Owner CED Capital Holdings Mike Sciarrino 1551 Sandspur Road Maitland, FL (407) Manager Concord Management Wayne Kalish 1551 Sandspur Road Maitland, FL (407) Property Rating Improvements B Location C Completion Date January, 2002 Property Composition Unit Type No. of Units Survey Year: 2012 Type: 1 Size (Sq. Ft.) Actual Rate Unit Total Total Sq. Ft. One Bedroom , Two Bedroom/Two Bath , Three Bedroom/Two Bath 42 1,000 42, Four Bedroom/Three Bath 24 1,200 28, Total/Average ,
3 Page 2 of 4 Cambridge Cove 202 Units Prior Sales No Prior Sales on Record
4 Cambridge Cove 202 Units Rental Rate History Unit Benchmark Monthly Rental Rates Unit Type Size One Bedroom 800 $512 Two Bedroom/Two Bath 900 $615 Three Bedroom/Two Bath 1000 $703 Four Bedroom/Three Bath 1200 $779 Average 933 Unit Benchmark Per Square Foot Rental Rates Unit Type Size One Bedroom Two Bedroom/Two Bath Three Bedroom/Two Bath Four Bedroom/Three Bath Average 933
5 Page 4 of 4 Cambridge Cove 202 Units Property Characteristics Common Area Amenities Apartment Interior Amenities Controlled Access Volleyball Court Swimming Pool Total Parking spaces Rental Office - Stand Alone Full Size Washer/Dryer Hookups High Speed Internet Access - Brighthouse Site Characteristics Functional Characteristics Two Story Roof Type - Pitched, Composition Shingle Construction Type - Frame Tub and Shower Enclosures - Ceramic Tile Private Balcony/Patio Semi-Private Entry Fire Sprinklers Services Provided As Individual Air Conditioning Heat Individual - Gas Individual Domestic Hot Water - Gas Net Site Size acres Net Development Density units per acre Number of Buildings - 14 County - Polk Assessors Parcel Number(s): Help Treasurer's/Assessor's Office Utilities Metering Gas (Individual) Electricity (Individual) Water (Central) Utilities Responsibility Other Factors Affordable Housing - Rents Vary According to Household Income Resident Pays Electricity Resident Pays Gas Resident Pays Sewer Resident Pays Trash Removal Resident Pays Water Utilities Provided By Electric - Lakeland Electric Water - City of Lakeland Water Utilities Gas - TECO Peoples Gas
6 Page 1 of 6 Carlton Arms Of North Lakeland 950 Units 4500 Williamstown Blvd Lakeland, FL (863) Owner Mahaffey Apartment Group Mark Mahaffey 147 2nd Avenue South #300 St Petersburg, FL (727) Manager Mahaffey Apartment Group Susan Gray 100 2nd Avenue #302N St. Petersburg, FL (727) Property Rating Improvements B+ Location C+ Completion Date January, 2000 Property Composition Unit Type No. of Units Survey Year: 2012 Type: 1 Size (Sq. Ft.) Actual Rate Unit Total Total Sq. Ft. Studio ,200 $570 $1.267 Studio ,600 $577 $1.215 One Bedroom ,192 $574 $1.121 One Bedroom ,960 $580 $1.115 One Bedroom ,800 $614 $1.116 One Bedroom ,280 $633 $1.064 One Bedroom ,376 $655 $1.070 One Bedroom ,000 $613 $0.981 One Bedroom ,368 $700 $1.026 One Bedroom ,520 $673 $0.948 One Bedroom ,568 $697 $0.952 One Bedroom ,048 $680 $0.902 One Bedroom ,440 $735 $0.930 Two Bedroom/One Bath ,360 $755 $0.848 Two Bedroom/Townhouse/One and One Half Bath 22 1,088 23,936 $780 $0.717 Two Bedroom/Townhouse/One and One Half Bath 96 1, ,880 $920 $0.719 Two Bedroom/Two Bath ,312 $755 $0.800 Two Bedroom/Two Bath ,848 $779 $0.792 Two Bedroom/Two Bath 24 1,070 25,680 $795 $0.743 Two Bedroom/Two Bath 72 1,150 82,800 $799 $0.695 Two Bedroom/Two Bath 52 1,150 59,800 $799 $0.695
7 Page 2 of 6 Two Bedroom/Townhouse/Two and One Half Bath 38 1,120 42,560 $884 $0.789 Two Bedroom/Townhouse/Two and One Half Bath 48 1,500 72,000 $1,068 $0.712 Three Bedroom/Townhouse/Two and One Half Bath 76 1, ,600 $1,014 $0.634 Three Bedroom/Townhouse/Two and One Half Bath 38 1,650 62,700 $1,034 $0.627 Total/Average 950 1, ,828 $792 $0.783
8 Page 3 of 6 Prior Sales No Prior Sales on Record Carlton Arms Of North Lakeland 950 Units
9 Page 4 of 6 Rental Rate History Carlton Arms Of North Lakeland 950 Units Unit Benchmark Monthly Rental Rates Unit Type Size Studio 450 $570 $513 $550 $525 $508 Studio One Bedroom One Bedroom One Bedroom One Bedroom One Bedroom One Bedroom One Bedroom One Bedroom One Bedroom One Bedroom One Bedroom Two Bedroom/One Bath Two Bedroom/Townhouse/One and One Half Bath Two Bedroom/Townhouse/One and One Half Bath Two Bedroom/Two Bath Two Bedroom/Two Bath Two Bedroom/Two Bath Two Bedroom/Two Bath Two Bedroom/Two Bath Two Bedroom/Townhouse/Two and One Half Bath Two Bedroom/Townhouse/Two and One Half Bath Three Bedroom/Townhouse/Two and One Half Bath Three Bedroom/Townhouse/Two and One Half Bath Average 1,012 $792 $775 $842 $792 $797 Unit Benchmark Per Square Foot Rental Rates Unit Type Size Studio 450 $1.267 $1.140 $1.222 $1.167 $1.129 Studio One Bedroom One Bedroom One Bedroom One Bedroom One Bedroom One Bedroom One Bedroom One Bedroom One Bedroom One Bedroom One Bedroom Two Bedroom/One Bath Two Bedroom/Townhouse/One and One Half Bath Two Bedroom/Townhouse/One and One Half Bath Two Bedroom/Two Bath Two Bedroom/Two Bath Two Bedroom/Two Bath Two Bedroom/Two Bath Two Bedroom/Two Bath
10 Page 5 of 6 Two Bedroom/Townhouse/Two and One Half Bath Two Bedroom/Townhouse/Two and One Half Bath Three Bedroom/Townhouse/Two and One Half Bath Three Bedroom/Townhouse/Two and One Half Bath Average 1,012 $0.839 $0.818 $0.881 $0.833 $0.832
11 Page 6 of 6 Carlton Arms Of North Lakeland 950 Units Property Characteristics Common Area Amenities Apartment Interior Amenities Fitness Center Clubhouse Tennis Court Basketball Court Two Swimming Pools Two Laundry Facilities Partial Covered Parking Covered Parking Is Available For An Additional $20 Per Month Total Parking spaces Rental Office - Stand Alone Functional Characteristics Detached Garages Are Available For An Additional $75 Per Month Two Story Roof Type - Pitched, Composition Shingle Construction Type - Masonry Tub and Shower Enclosures - Ceramic Tile Private Balcony/Patio Private Entry Services Provided As Individual Air Conditioning Heat Individual - Electric Individual Domestic Hot Water - Electric Other Factors View - Lake Comments Stacked Washer/Dryer In All Units High Speed Internet Access - Brighthouse Site Characteristics Net Site Size acres Net Development Density units per acre Number of Buildings - 84 County - Polk Assessors Parcel Number(s): Help Treasurer's/Assessor's Office Utilities Metering Electricity (Individual) Water (Central) Utilities Responsibility Resident Pays Electricity Property Pays Sewer Property Pays Trash Removal Property Pays Water Utilities Provided By Electric - Lakeland Electric Water - City of Lakeland Water Utilities Corporate Housing Is Available
12 Page 1 of 4 Sunset Lakes - Partial Conversion 128 Units 1545 Kennedy Blvd Lakeland, FL (863) Owner Rodriguez, Eduardo Eduardo Rodriguez 3485 North Mooring Way Miami, FL Manager Owner Managed Property Rating Improvements A- Location C+ Completion Date January, 2006 Property Composition Unit Type No. of Units Survey Year: 2012 Type: 1 Size (Sq. Ft.) Actual Rate Unit Total Total Sq. Ft. One Bedroom ,304 $600 $0.971 One Bedroom ,388 $650 $0.842 Two Bedroom/One Bath ,272 $745 $0.789 Two Bedroom/Two Bath 44 1,038 45,672 $800 $0.771 Three Bedroom/Two Bath 14 1,260 17,640 $925 $0.734 Total/Average ,276 $730 $0.811
13 Page 2 of 4 Sunset Lakes 128 Units Prior Sales No Prior Sales on Record
14 Page 3 of 4 Sunset Lakes 128 Units Rental Rate History Unit Benchmark Monthly Rental Rates Unit Type Size One Bedroom 618 $600 $575 $ One Bedroom Two Bedroom/One Bath Two Bedroom/Two Bath Three Bedroom/Two Bath Average 901 $730 $692 $ Unit Benchmark Per Square Foot Rental Rates Unit Type Size One Bedroom 618 $0.971 $0.930 $ One Bedroom Two Bedroom/One Bath Two Bedroom/Two Bath Three Bedroom/Two Bath Average 901 $0.829 $0.787 $
15 Page 4 of 4 Sunset Lakes 128 Units Property Characteristics Common Area Amenities Waterscape Fitness Center Business Center Clubhouse Tennis Court Volleyball Court Playground Swimming Pool Laundry Facilities Total Parking spaces Parking Type - Grade Level Rental Office - Stand Alone Functional Characteristics Detached Garages Are Available For An Additional $100 Per Month Three Story Roof Type - Pitched, Composition Shingle Construction Type - Frame Tub and Shower Enclosures - Ceramic Tile Private Balcony/Patio Semi-Private Entry Fire Sprinklers Services Provided As Central Air Conditioning Heat Central - Gas Individual Domestic Hot Water - Electric Other Factors Partial Conversion Lake Frontage - Meadow View Comments Apartment Interior Amenities Full Size Washer/Dryer Hookups Vaulted Ceilings Above Standard Ceiling Height Dual-Pane Glass High Speed Internet Access - Brighthouse/Verizon Hardwood Floors Site Characteristics Net Site Size acres Net Development Density units per acre Number of Buildings - 12 County - Polk Assessors Parcel Number(s): Thru Help Treasurer's/Assessor's Office Condominium mapped Utilities Metering Electricity (Individual) Water (Central) Utilities Responsibility Resident Pays Electricity Property Pays Sewer Property Pays Trash Removal Property Pays Water Utilities Provided By Electric - Tampa Electric Company Water - City of Lakeland Water Utilities Partial conversion units of the original total are held by individual owners; 128 units remain as rentals under single ownership. On-site car care center.
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